Vacances Sinorama : sound financial situation

MONTREAL, May 3, 2018 /CNW Telbec/ - Vacances Sinorama's financial position is sound and will allow the company to to properly pursue its operations in the coming months and years.

Sinorama senior management is issuing this statement following a report published in La Presse alleging that the company lacks the necessary funds to honor future trips already paid by consumers. The tour operator Sinorama asserts that this report is based on a wrong interpretation of its financial statements.

Sinorama's customers and suppliers should know that the company has all the necessary funds to honor trips that are paid, and even intends to be proceeding with a new expansion of its business in the near future.

It states that it meets the requirements of the Office de la protection du consommateur, an organization with which it continues to maintain close links.

Sinorama's business model saves its customers money and protects them from price increases that could occur in the months following trip bookings.

Vacances Sinorama was founded in 2005.

SOURCE Vacances Sinorama